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UPDATED: Early end to AECT would amount to 'nationalisation' by government – trust

UPDATED: 'Pragmatic' proposal would equal a parliamentary 'confiscation of private assets', says trust. 'Nonsense.' responds John Collinge.

Nick Grant
Fri, 12 Dec 2014

UPDATED: The Auckland Energy Consumer Trust (AECT) has issued a statement in what it says is an effort to correct "misinformation about its legal status and that of the 75.4% of Vector Ltd [NZX: VCT] shares it holds."

Those shares are for “the benefit of Vector lines customers in Auckland, Manukau

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Nick Grant
Fri, 12 Dec 2014
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UPDATED: Early end to AECT would amount to 'nationalisation' by government – trust
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